$3,262,000 USD
314-324-8792
2820 N Green River Rd
Evansville, IN 47715
East Evansville
HIGHLIGHTS
- Recently signed 12 year lease with Heartland Dental, the largest DSO in the country, operating over 1,800 locations across 38 states.
- he tenant is responsible for all maintenance and operating expenses providing completely passive ownership.
- he property is situated off of N. Green River Rd (25,000 VPD) and benefits from anchors Menards and Meijer, as well as having Schnucks, McDonalds, etc
- he lease calls for two primary term rent increases (years 6 & 11) with escalations in each option period
- The property was built in 2023 featuring Heartland Dental’s current prototype building and high end design.
- The site is strategically positioned within a 7 minute drive of two I-69 interchanges, providing easy access for local and commuting patients.
FOR SALE DETAILS
PRICE
$3,262,000 USD
PRICE/SF
$774 USD /SF
CAP RATE
5.35%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Heartland Dental
PROPERTY TYPE
Office
ADD'L SUBTYPES
Freestanding, Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
-
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
82-06-14-015-187.003-027
ASK ABOUT THIS PROPERTY
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314-324-8792
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314-324-8792
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